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Universal Coal reiterates ‘take no action’ request, opens data room for rival bids

South African coal miner Universal Coal reiterated its take no action advisory to its shareholders on Thursday after IchorCoal tabled its takeover offer the previous day. IchorCoal, which already owns 29.9% of Universal Coal's issued...

IchorCoal makes its offer to Universal Coal shareholders

Following initial bid delays, IchorCoal on Wednesday provided its offer document in relation to its cash offer for the entire issued and to be issued share capital of ASX-listed South African coal miner Universal Coal. On...